Dividend RSUs boost Jackson Financial (JXN) director Derek Kirkland’s holdings

Rhea-AI Filing Summary

Jackson Financial Inc. director Derek G. Kirkland received an equity grant tied to existing awards. He acquired 124.74 additional restricted share units as dividend equivalent units on prior RSU grants, bringing his direct common stock holdings to 36,411.65 shares. This was a non-cash, compensation-related award.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Kirkland Derek G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	124.74	$0.00	--

Holdings After Transaction: Common Stock — 36,411.65 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Restricted share units granted: 124.74 units Price per unit: $0.00 per share Shares owned after transaction: 36,411.65 shares

3 metrics

Restricted share units granted 124.74 units Dividend equivalent units on existing RSU awards on common stock

Price per unit $0.00 per share Non-cash grant of restricted share units

Shares owned after transaction 36,411.65 shares Direct common stock holdings following RSU DEU grant

Key Terms

restricted share units, dividend equivalent units, DEUs, equity awards

4 terms

restricted share units financial

"These shares reflect additional restricted share units received as dividend equivalent units"

Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.

dividend equivalent units financial

"received as dividend equivalent units ("DEUs") on restricted share units"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

DEUs financial

"The DEUs are subject to the same terms and conditions as the underlying equity awards"

equity awards financial

"same terms and conditions as the underlying equity awards on which they accrue"

Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/29/2026 - 03:16 PM Accepted by SEC EDGAR 06/29/2026 - 03:16 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kirkland Derek G

(Last) (First) (Middle)

1 CORPORATE WAY

(Street)

LANSING MICHIGAN 48951

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Jackson Financial Inc. [ JXN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	06/25/2026		A		124.74	A	$0.00	36,411.65	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares reflect additional restricted share units received as dividend equivalent units ("DEUs") on restricted share units. The DEUs are subject to the same terms and conditions as the underlying equity awards on which they accrue.

Remarks:

Power of Attorney on file.

	/s/ Kristan L. Richardson, as Attorney-in-Fact	06/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Jackson Financial Inc. (JXN) disclose in this Form 4?

Jackson Financial Inc. reported that director Derek G. Kirkland received 124.74 additional restricted share units as dividend equivalent units on existing RSU awards, increasing his direct holdings to 36,411.65 common shares. This is a routine, non-cash equity compensation adjustment.

How many Jackson Financial (JXN) shares does Derek G. Kirkland hold after this transaction?

After the dividend-related grant, Derek G. Kirkland directly holds 36,411.65 shares of Jackson Financial common stock. The additional 124.74 restricted share units were credited as dividend equivalent units on prior RSU awards and are subject to the same terms and conditions.

Was the Jackson Financial (JXN) Form 4 transaction a market purchase or sale?

The Form 4 shows no market purchase or sale. Instead, Derek G. Kirkland acquired 124.74 restricted share units at a price of $0.00 per share as a grant of dividend equivalent units linked to existing RSU awards, reflecting non-cash equity compensation.

What are dividend equivalent units (DEUs) in the Jackson Financial (JXN) filing?

Dividend equivalent units are additional restricted share units credited on existing RSU awards to mirror dividends on common stock. In this filing, 124.74 DEUs were granted to Derek G. Kirkland and are subject to the same terms and conditions as the underlying RSU awards.

Does the Jackson Financial (JXN) Form 4 indicate any derivative securities activity?

The Form 4 does not report any derivative securities transactions. It only records a non-derivative acquisition of 124.74 restricted share units as dividend equivalent units on outstanding RSU awards, leaving no additional derivative positions disclosed for this transaction.